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Residential construction insurance refers to coverage for a house that is still being built or is in the process of completion. The policyholder might be the property owner, the contractor, or both. It covers damage to the uncompleted structure.
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The Institutes

Definition - What does The Institutes mean?

The Institutes is a group that provides courses and other resources to help provide education to those interested in learning more about certain types of insurance and risk management. Insurance professionals, or others who desire to learn more about the insurance industry, can use this group to further their education.

Insuranceopedia explains The Institutes

Many of the courses offered by The Institutes can be used for college credit. There are a number of universities that are affiliated with The Institutes and students may benefit by taking courses offered by the group. Taking courses with The Institutes can potentially help build an insurance professional's resume and/or credentials. The Institutes offer study materials and exams regarding various insurance types. The group offers education about property insurance, casualty insurance, leadership, and many other topics relating to the insurance industry.